Page 414 - MOE ENGLISH PR REPORT - MARCH 2025

UAE’s real GDP posted significant growth of 3.8% during first nine months of 2024

• Wednesday, March 5, 2025 6:25 PM

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DUBAI, 5th March, 2025 (WAM) -- The UAE’s real GDP posted a significant growth of 3.8% during the
first nine months of 2024 compared to the same period in 2023, reaching AED1.322 trillion. This
growth was driven by a strong expansion in non-oil sectors, which grew by 4.5% to AED987 billion,
reflecting the success of the country's economic diversification strategy.

The contribution of non-oil activities to real GDP reached 74.6%, highlighting the increasing role of
these sectors in supporting economic growth, while oil-related activities contributed 25.4%.

Abdullah bin Touq Al Marri, Minister of Economy, emphasised that the continuous growth of the
national economy reaffirms the success of the UAE’s economic policies and strategies aimed at
enhancing economic diversification, facilitating business activities, and promoting the expansion of
new economy sectors as a key driver for sustainable economic and social development.
Under the leadership of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, and the
directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime

https://www.wam.ae/en/article/biigz0t-uae%25E2%2580%2599s-real-gdp-posted-significant-
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